Yes,it is a cd-Rom reading or CD-Rom permissions error.
First option is to check the value for the CD-ROm drive
in the windows registry, The security policy needs to be
disabled through the policy editor or you can modify the
following registry key:
if that fails then copy a flat of the office CD to a
folder on the hard drive to install or try installing
office from a secondary cd-rom drive.
To do this:
Log on as the highest user of the machine such as
Administrative user or Administrator and modify the
following registy subkey,if the value is set to a 1 for
AllocateCDRoms change it to a zero and reboot.
Please backup the windows registry first
HKEY_LOCAL_MACHINE\Software\Microsoft\Windows
NT\CurrentVersion\WinLogon - AllocateCDRoms must = 0
(zero)
Here is the information in the following knowlege base
articles.
http://support.microsoft.com/default.aspx?scid=kb;en-
us;290896
http://support.microsoft.com/default.aspx?scid=kb;en-
us;325076
